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author's profile photo Former Member
Former Member

hello all i am facing problem in manufacturing case

hii experts

well i am implementing SAP in manufacturing company .i am stuck in one case when one item which is originally produce by

one of the manufacture company and that company sale that item to dealer with cenvat value (because item is excisable ),and my company purchase that item from dealer .and the cost of item include Cenvat in there basic price and dealer charge that item with VAT only .so my company claim Cenvat with original value which was set by first manufacture company .so what shoud i do now ? how would i make PO which include right cenvat and vat also ?

please help me

thanx in advance

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Mar 14, 2011 at 12:51 PM

    for BED your tax formula will be

    1. if (AssessableValue > 0)

    { BED_BaseAmt = AssessableValue*Qty }

    else

    { BED_BaseAmt = Total }

    BED_TaxAmt=BED_BaseAmt*BED_Rate

    For eCess

    2. Cess_BaseAmt=BED_TaxAmt

    Cess_TaxAmt=Cess_BaseAmt*Cess_Rate

    For HCess

    3. HSCess_BaseAmt=BED_TaxAmt

    HSCess_TaxAmt=HSCess_BaseAmt*HSCess_Rate

    for VAT on CenVAT

    4. VAT_BaseAmt=TotalBED_TaxAmtCess_TaxAmt+HSCess_TaxAmt

    VAT_TaxAmt=VAT_BaseAmt*VAT_Rate

    While doing PO, follow this

    1. GRPO

    2. Incoming Excise invoice

    3. AP invoice

    Items will be excisable and so as the warehouse in which your items will be put

    Regards,

    RS

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    • Former Member Navneet Dhami

      Hi,

      This is the same problem which I am also facing.

      What is happening that the impact of excise amount is taking place twice once in the unit price (as it is inclusive for VAT calculation) of the item and another at the time of excise tax amount which is increasing the document value through excise amount as compared to actual value.

      Kindly provide the solution.

      Regards,

      Ashish Kothari

  • author's profile photo Former Member
    Former Member
    Posted on Mar 12, 2011 at 02:50 PM

    Hi Sahil.....

    You can do this by using Assassable Value field. In SAP's Standard Unit Price Field put the Price from Dealer on which VAT is applicable and use Assassable Value field in which you have to put Unit price which has been carried from Manufacturer on which Excise duty is charged.

    Please check it once.....

    Regards,

    Rahul

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